This profit would then be reduced by any building costs paid by the borrow. The composer, Yoshiyuki Sahashi, and the arranger, Tetsuo Ishikawa, have been working. After deducting the $19,440 in total interest payments ($1,080 multiplied by 18 months), the $3,240 origination fee, the $162,000 principle on the note, and the $108,000 he contributed to closing, he will make a gross profit of $44,820 ($337,500 price minus $292,680 in total costs). Leave a review and share your experience with the BBB and The Home Loan Arranger. At the expiration of the note, he sells the rehabed house for $337,500. loan home equity line credit loans san diego mortgage refinance loans home loan. he will then pay $1,080 per month to Big City Investment Group. Review Piggybank loan and other Payday loans tucson information. On top of the $3,240 origination fee, Raymond will also fund $108,000 of the purchase with his own cash, or 40% of the purchase price. Top Pop-Rock Arranger in San Diego for hire on SoundBetter - Read Reviews, Listen to Samples, Search by Budget, Credits, Genre and more. They also require a 2 point origination fee, which will also have to be paid at closing. The terms of the loan dictate a 8% note for 18 months. Since the lender agrees to a 60% loan-to-value, Raymond will be required to put 40% down and the total amount of the loan will be $162,000. Raymond closes on a $270,000 renovation project in the Bird Land subdivision of San Diego, CA, using a hard money loan from Big City Investment Group.
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